Sumo Logic stock surges more than 30% on reported buyout interest

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Sumo Logic Inc. stock soared Monday on a report that the data-analytics software company has been approached by private equity firms expressing interest in a...

Sumo Logic Inc. SUMO stock soared Monday on a report that the data-analytics software company has been approached by private equity firms expressing interest in a possible buyout. Sumo Logic shares surged more than 30% to an intraday high of $10.25, in late afternoon trading.

... Sumo Logic Inc. SUMO stock soared Monday on a report that the data-analytics software company has been approached by private equity firms expressing interest in a possible buyout. Sumo Logic shares surged more than 30% to an intraday high of $10.25, in late afternoon trading.

 

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